Medicare Pick Oz Won’t Disclose Pharma Investments

The Daily Beast reports:

Dr. Mehmet Oz could hold millions of dollars in investments in companies regulated by the federal agency Donald Trump has tapped him to lead. During his failed Senate run in 2022, the former talk show host reported tens of millions of dollars in investments in health care, medical technology and food companies, according to the Los Angeles Times.

Last week, he was nominated by the president-elect to head the Centers for Medicare and Medicaid Services (CMS), a massive agency that provides healthcare coverage to more than 160 million Americans and enforces federal standards for health care suppliers and providers.

When asked if his investments had changed since 2022—or if he would be willing to divest to avoid a conflict of interest—he refused to answer, the Times reported.

Read the full article.

Millions in investments in UnitedHealth, drug companies, Amazon — even cattle: Dr. Oz has made money off of the health and food systems. If he recuses in his job leading Medicare, he’d “spend his time in the rocking chair.”

My latest for @KFFHealthNews : https://t.co/BCnb2AwKii

— Darius Tahir (@dariustahir) November 22, 2024

TV’s Dr. Oz invested in businesses regulated by agency Trump wants him to lead https://t.co/snwZl5SDoJ

— Los Angeles Times (@latimes) November 25, 2024